Credit Suisse’s Chow and Stoehr take new roles

A major reshuffle in the senior ranks after a key industry figure retires.

Credit Suisse has named Mervyn Chow as its chief executive for Greater China and Carsten Stoehr as chairman of its two key legal entities in Hong Kong.

Chow and Stoehr assume their new roles following the retirement of Neil Harvey, the bank’s CEO of Hong Kong and chairman of Greater China, after 17 years at Credit Suisse and 32 years in the financial services industry, the Swiss bank said in a statement on Thursday.

Chow’s appointment is in addition to his existing roles as co-head of investment banking and capital markets, Asia-Pacific, and CEO for China. It is also the latest step in his rapid rise...

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